# economic impacts

Latest news group about economic impacts.

DBS: US Tariff Could Cut Indonesia’s Growth by 0.5 Pct

A 32% U.S. tariff on Indonesian goods could cut GDP by 0.5%, warns DBS, as risks loom over key export sectors and growth outlook.
Business Apr 21, 2025 | 7:27 pm

Indonesia Hosts 100 Foreign Investors Amid Rising US-China Trade Tensions

The summit served as a platform for investors across Asia to engage directly with Indonesian government officials and business leaders.
Business Apr 15, 2025 | 11:06 pm

Trump’s Tariffs Hit Hard: Americans Pay the Price

East Asia -- often accused by Trump of 'stealing' American jobs -- has played a pivotal role in strengthening the US economy.
Opinion Apr 15, 2025 | 8:04 am

'Mudik' Drops in 2025: What Does It Say About the Economy?

Lebaran 2025 homecoming drops 24 percent, raising concerns over economic slowdown, weaker consumer spending, and shifting travel habits.
Business Mar 31, 2025 | 8:03 pm

Prabowo to Launch GovTech Super App, Requiring Every Family to Have a Bank Account

“Based on our initial calculations, digitalization could save us Rp 100 trillion ($6 billion) in unnecessary spending,” Luhut said.
Tech Mar 20, 2025 | 12:12 am

Factories Struggle as Indonesia Faces Industrial Challenges in 2025

Declining market demand and strategic decisions by parent companies have forced many factories to cease production.
Business Mar 5, 2025 | 6:18 pm

Deflation and Layoffs Weaken Indonesia’s Ramadan Spending

Indonesia’s Ramadan spending is set to slow as deflation, job losses, and weak consumer demand curb household spending and retail sales.
Business Mar 3, 2025 | 8:57 pm

Indonesia Has the Potential to Become a Key Player in the Global Halal Industry

In Muslim-friendly tourism, Indonesia has taken the top spot, ranking 1st in the Global Muslim Travel Index 2024.
Business Feb 28, 2025 | 9:08 am

Top Lawmaker Calls Danantara 'Stepping Stone' for Golden Indonesia 2045

Deputy House Speaker Adies Kadir said Danantara can help the Indonesian government achieve its ambitious economic growth targets.
Business Feb 25, 2025 | 8:05 am

Two Former Presidents Join Prabowo for Danantara Launch

With projected assets reaching $900 billion, Danantara is set to become one of the world’s largest sovereign wealth funds, Prabowo said.
Business Feb 24, 2025 | 12:09 pm

Certain Government Expenditures, Such as Maintenance, Cannot Be Slashed

"There's no way we can slash the budget for disaster mitigation efforts," an official said.
Business Feb 11, 2025 | 1:09 pm

$3.1 Billion Worth of Free Meals Might Go to Rich Kids: Think-Tank

Celios says that Prabowo should not splurge Rp 306.7 trillion of the money potentially collected from the budget cuts on the free meal plan.
Business Feb 11, 2025 | 11:04 am

Is Indonesia’s Ambition to Become an International Carbon Storage Hub Attainable?

Indonesia is estimated to have the capacity to store 69 gigatonnes (Gt) of CO₂ in saline aquifers and 680.57 Gt in deep saline aquifers.
Opinion Jan 24, 2025 | 11:21 am

BRICS Membership and Strong Reserves Shield Rupiah from US Protectionism

Indonesia's rupiah stays stable despite US trade policies, supported by strong reserves, BRICS membership, and optimistic growth forecasts.
Business Jan 22, 2025 | 10:40 am

West Java Apindo Warns New Minimum Wage Policy Could Drive Away Investors

Increased wage costs could lead to downsizing, exacerbating unemployment in West Java, and business relocation to other provinces.
Business Jan 5, 2025 | 9:53 pm

Government Projects 0.3% Inflation Increase with New 12% VAT Rate in 2025

The Coordinating Ministry for Economic Affairs projects a 0.3% inflation rise in 2025 as the 12% VAT takes effect on Jan. 1.
Business Dec 18, 2024 | 9:36 am

Celios: VAT Hike Could Increase Monthly Spending by $22 for Middle Class

The government's plan to increase the Value Added Tax (VAT) rate to 12% is expected to worsen the economic conditions
Business Dec 17, 2024 | 6:08 pm

VAT Expansion in Indonesia Targets Premium Goods, Critics Warn of Economic Strain

Indonesia’s VAT hike to 12% in 2025 will expand taxable goods, including items once VAT-free, says economist Andri Perdana.
Business Dec 17, 2024 | 5:17 pm

Free Nutritious Meal Program to Create 2.5 Million New Jobs

The program will initially target 27.2 million expectant and breastfeeding mothers, toddlers, and 37 million school-aged children.
Business Dec 15, 2024 | 6:26 pm

Indonesia Loses $6.1 Billion from Soaring Illicit Cigarette Smokers

About 46 percent respondents in Indodata's survey admits to smoke illicit cigarettes.
News Dec 13, 2024 | 6:40 am

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